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Metinvest International to set up new representation in UAE

October 22, 2009
Country: UAE
Client(s):

Swiss-based steel trading company Metinvest International SA, part of Metinvest Group, has announced recently the launch of its new branch office in the Jebel Ali Free Zone in Dubai, United Arab Emirates. As part of the company’s customer proximity strategy, the new office in Dubai will promote new steel prod-ucts, allow better information exchange, reinforce partnerships and expand Metinvest’s presence in the Gulf region.
 
The office will handle business requirements for United Arab Emirates, Bahrain, Kuwait, Oman, Qatar and Saudi Arabia. Viktor Vukusic has been appointed as the Jebel Ali Free Zone Branch Manager, bringing extensive international trading experience. In 2008 Metinvest shipped about 430Kt of billets to Gulf coun-tries, including 255Kt to UAE, 138Kt to Oman, 37Kt to Saudi Arabia. The new product range will include rebar of various steel grades, wire rod, angles, channels, I-beams, plate and SAW pipes.

“The Gulf has traditionally been a high priority market for steel consumption," said Andrey Parkhomchuk, CEO of Metinvest International SA, "For many years Metinvest has established an excellent and very suc-cessful partnership with the region’s companies and we are very confident that our new offices will permit us to enhance and foster this partnership.

Company Information
About Metinvest International :

Metinvest International SA, located in Geneva (Switzerland), is the distribution channel of Steel and Rolled Prod-ucts Division’s Sales Service of Metinvest Group. It is responsible for export sales of iron ore raw materials, semi-finished and finished steel products manufactured by Metinvest Group mining and steelmaking companies onto for-eign markets outside Ukraine and CIS. Metinvest International has representations and agencies in 14 countries around the world, which constitute the global sales network covering all major regional market segments. The com-pany is represented in Istanbul (Turkey), Beirut (Lebanon), Beijing (China), Milano (Italy), Belgrade (Serbia), Tehe-ran (Iran), Vilnius (Lithuania), Ashgabat (Turkmenistan), Singapore (Singapore), Jebel Ali (UAE), Tunis (Tunisia) and has authorized agents in Santo-Domingo (Dominican Republic), Toronto (Canada).

Metinvest is an international vertically-integrated mining and steel group of companies. Production facilities of Metinvest produce enough steelmaking raw materials to meet its own demand and to be the key supplier to major steelmaking companies in Ukraine, Europe and Asia.

The major shareholders of Metinvest are SCM Group (75% ownership) and Smart-Holding (25% ownership) partnering in Company’s management. The merger of mining and metals assets of SMC and Smart-Holding has started in 2007 and will have been accomplished in 2009.

Metinvest Holding is the managing company of Metinvest Group

Contact Information
Company name : Orient Planet
Telephone No. : +971 4 3988901
Fax : +971 4 3988941
Email : media@orientplanet.com
Website : http://www.orientplanet.com




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